TA: Ethereum Rallies Above $1,700, Why ETH Could Soon Test $1,800 Ethereum started a strong increase above the $1,650 and $1,700 resistance levels against the US Dollar. ETH price is likely to continue higher towards $1,800 in the near term. Ethereum started a fresh increase above the $1,650 and $1,700 resistance levels. The price is now trading well above $1,700 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,660 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct lower, but the bulls are likely to remain active near $1,700 and $1,680
No comments yet